Insights from ALIS: Checking In With Pat Pacious
In September, Pat Pacious took the helm at Choice Hotels as president and CEO. Since then, he has been very busy. In December, Choice...
Choice Completes WoodSpring Suites Acquisition
ROCKVILLE, Md.—Choice Hotels completed its acquisition of WoodSpring Suites' brand and franchise business for $231 million. First announced in December 2017, the deal adds nearly...
Hospitality Leaders Raise $580,000 at ALIS to Fight Addiction
NEW YORK, NY–Senior executives across the hotel industry united last week at the Americas Lodging Investment Summit (ALIS) to end the stigma of addiction...
Positive Outlooks Abound at ALIS 2018
Last week at the Americas Lodging Investment Summit (ALIS), nearly 3,000 hospitality professionals converged at the J.W. Marriott at Microsoft Live! in downtown Los...
Kevin Carey Brings a Growth Mindset to AHLA
Kevin Carey, chief operating officer at the American Hotel & Lodging Association, has a role that was made just for him. For two decades,...
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Driftwood Capital Secures Refinancing for Sheraton Park City Hotel
PARK CITY, Utah—Driftwood Capital announced it secured $33 million in refinancing for the Sheraton Park City hotel in Park City, Utah, a 200-key hotel...
Hilton Reports Q1 2024 Results
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2024 results. Highlights from the first quarter include:
Diluted EPS was $1.04 for the first quarter,...
stayAPT Suites Partners With Powerhouse Hotels for Brand Expansion
MATTHEWS, North Carolina—stayAPT Suites announced a significant expansion initiative in partnership with Powerhouse Hotels, a joint venture between JCap Realty Group and Cullinan Holdings....
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